Cape Cod Residential Income
For Sale
$729,500
1058 LENAPE ROAD, West Chester, PA 19382
Cape Cod-style property with an attached garage, driveway, and full daylight basement.
Property Size1,969 SF
Price / SF$370.49
Days on Market24
Property Features for 1058 LENAPE ROAD
General Information
Standard status
Active
Size
1,969 SF
Property subtype
Residential Income
Amenities
Window Unit(s), Electric
Oil, Hot Water
Daylight, Full
Gas Water Heater
Garage, Driveway, Attached
Cape Cod
Building Details
Building Size
1,969 SF
Year Built
1955
Listing Agency:
Keller Williams Real Estate
(484) 301-0416
Listed By:
James A Wagner · License #RS325541
(484) 301-0416
Source:
Evrealestate
Added: Jul 9
Changed: Jul 31
Last Checked: Aug 1 at 5:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate
Investment Insights
Based on property information with market context.
This residential income property at 1058 Lenape Road in West Chester, Pennsylvania, features Cape Cod architecture, an attached garage, and a driveway. Interior features include window unit(s) with electric service, oil-fired hot water, a full daylight basement, and a gas water heater. Built in 1955, the property is located in Chester County.
Key Highlights
- Cape Cod‑style property built in 1955
- Attached garage and driveway
- Full daylight basement
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.1k | $21.36 |
| − Vacancy | −$3.2k | −$1.64 |
| EGI | $38.8k | $19.72 |
| − OpEx | −$17.5k | −$8.87 |
| NOI | $21.4k | $10.84 |
1,969 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$305.0K
$266.9K – $355.9K
NOI $21,351 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$597.0K
$522.4K – $696.5K
NOI $41,789 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 19382, PA
52,498
Population
21,798
Households
2.4
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
46.1 sq mi
ZIP Area
1,139
Density / Sq Mi
$126,159
Median Household Income
$58,596
Median Earnings
$1,788
Median Rent
$542,400
Median Home Value
Market
Properties on Market for Residential income properties in Chester County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Cape Cod-style property with an attached garage, driveway, and full daylight basement.
Where is this residential income property located?
The property is located at 1058 LENAPE ROAD West Chester, PA.
What is the asking price?
The asking price for this property is $729,500.
What are key features of this property?
This property features: Cape Cod‑style property built in 1955; Attached garage and driveway; Full daylight basement
